William Silber

Professor of economics at NYU's Stern School of Business (1990-2019). Author of "Volcker: The Triumph of Persistence" and other books, based on extensive interviews with Paul Volcker.

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Aug 9, 2024 • 49min

Paul Volcker: “The only number that works is zero”

William Silber, a professor of economics at NYU and author of "Volcker: The Triumph of Persistence," delves into the monumental influence of Paul Volcker, who chaired the Federal Reserve from 1979 to 1987. They explore Volcker's fierce anti-inflation strategies, driving interest rates to unprecedented heights. Silber emphasizes Volcker's belief that "zero" inflation is the ultimate goal, preserving trust in government. Personal anecdotes illuminate Volcker's dedication to public service and his frugal lifestyle, underscoring his impactful legacy in global economics.

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